CryptoRocket-Overview of Minimum Deposit, Spreads & Leverage

GENERAL INFORMATION AND REGULATION

CryptoRocket is an online broker that offers traders around the globe leveraged Forex and Crypto trading with very competitive trading conditions including tight spreads, reliable execution speeds and user-friendly trading platforms.

CryptoRocket clients get the chance to trade on institutional liquidity that is sourced from major global investment banks, as well as from fully transparent liquidity execution providers. What this means for the trader is that you can have access to excellent rates, along with the ability to trade on tight spreads.

In addition to forex currency pairs and cryptocurrencies, the broker also offers stocks, indices and commodities trading. They offer leverage of up to 1:500 along with access to deep liquidity and excellent 24/7 customer support. Reviews of CryptoRocket across the web are very positive with many clients reporting that they are happy with the brokers service.

CryptoRocket uses a Straight Through Processing (STP) execution model. This means that each time you place a trade via the brokers trading platform, you do not have to worry about any dealing desk intervention or re-quotes. The STP execution model also removes any of the potential conflicts of interest that there could be between broker and trader. All trades are processed via an aggregator, which ensures that you get the very best rates they have available, as these come directly from the top-tier liquidity establishments they incorporate.

CryptoRocket is a legally registered forex broker located in the Saint Vincent and the Grenadines, but is not regulated by any government agency. The broker works very hard to provide a secure system. They are continuously monitoring their network for any suspicious activities.

MARKET INSTRUMENT

CryptoRocket clients have a diverse selection of trading instruments to choose from across multiple asset classes including:

• 55 Currency Pairs including major, minor & exotic FX crosses

• 33 Cryptocurrency Pairs including Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Dash, Ripple, Eidoo, OmiseGO, Santiment, Monero, Zcash, EOS, Metaverse ETP, IOTA, NEO, Tron

• 64 Stocks based on shares of US, UK and EU companies including Amazon, Google, Facebook, Tesla, Netflix, Twitter & many more

• 11 Indices based on baskets of different blue-chip stocks and US Dollar Index

• Commodities including Gas, Oil and Precious Metals

ACCOUNT AND LEVERAGE

Standard Account

CryptoRocket keep things simple by offering one core account type which backs into the MetaTrader4 trading platform. There is no minimum deposit amount to start trading and no restriction on trading strategies, so all types of traders are welcomed whilst the minimum lot size required is just 0.01. Their commissions are competitively low at around $6 per 1.0 lot which is very reasonable when compared to other online brokerages. The minimum deposit is $10

Demo Account

There is also a demo account option available if you would like to try the brokers platforms and practice your trading strategies. Pricing within the demo platform are the same as those within the live trading platform. The broker allows you to create as many live and demo accounts for each available currency option as you wish.

CryptoRocket offer leverage up to 1:500. Leverage allows you to open a position size greater than you would have been able to without it.

SPREADS AND COMMISSIONS

CryptoRocket have variable spreads that change according to the market conditions. We found the broker to have generally tight spreads across the trading instruments that they offer.

CryptoRocket charge a small $6 commission fee per standard lot round turn. This means that you pay $6 for a 100,000 position. We found this to be very competitive fee when compared to hundreds of other trading brokers.

TRADING PLATFORM AVAILABLE

CryptoRocket provide clients with free, safe and reliable trading platforms so that they can trade anywhere on any device with the MetaTrader 4 (MT4) desktop platform, Web Trader and mobile apps for iOS/Android devices. The mobile trading platforms are very useful for traders who need to access their account and manage positions whilst on the go whereas the web trading platform runs directly in most modern web browsers without the need to download or install any additional software. You can simply login to the Web Trader online platform using your CryptoRocket trading account details and youre ready to trade. Even though the broker indicates that MetaTrader 5 will soon be added as their trading platform but that can not be sure.

DEPOSIT AND WITHDRAWAL

You can deposit funds into your CryptoRocket account via credit/debit card, wire transfer, Bitcoins and Instacoins. The broker providers quick and easy access to your funds with same day processing to give you access as and when you need it. The withdrawal process is fast. Once approved, Bitcoin withdrawals should arrive in an hour or less depending on blockchain traffic.

Depositing Funds

• Time to Fund: Deposits are dependent on the speed of the Blockchain via BTC, and instant via Instacoins

• Min Deposit: 0 BTC

• Max Deposit: No limit

• Fee: Free

Withdrawing Funds

• Time to Withdrawal: Same Day

• Min Withdrawal: 0.001 BTC

• Max Withdrawal: No limit

• Fee: Free

CUSTOMER SERVICE

CryptoRocket have a 24/7 live chat support team on hand to answer all of your general, technical or account related questions in a prompt and efficient manner. The native English support team is available at your fingertips whenever you are in need of assistance. You can also contact them using the online contact form or request a call back.